Why it pays to have a principal and interest loan
Owner-occupiers who are paying principal and interest on their mortgage are being rewarded by the financial institutions with a lower intere...
Property investments in MARCOOLA fare well against the rest of the country last year, registering a median home price increase of -13.85%.
Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains MARCOOLA, 4564 saw average growth in the long term.
Real estate investors could earn a rental income of $475 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 69.4 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $560,000.
MARCOOLA ranks 508th on the list of best yielding suburbs for rental properties in QLD, posting a 4.41% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $560,000 | $410,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.9% | 2.5% |
| Median 12 month | -13.85% | 10.81% |
| Median 3 years | 5.66% | 20.59% |
| Median 5 years | 8.32% | 22.39% |
| 10 years average annual | 2.57% | 0.97% |
| Weekly media advert. rent | $475 | $390 |
| Time on Market | 69.4 days | 85.8 days |
| Gross Rental Yield Percent | 4.41% | 4.95% |
Owner-occupiers who are paying principal and interest on their mortgage are being rewarded by the financial institutions with a lower intere...
The Real Estate Institute of Queensland (REIQ) is strongly urging the Palaszczuk Government to protect the state’s property market as new ...
Property owners facing costly combustible cladding repairs and the threat of criminal prosecution for failing to do so can apply for a strat...
A devastating blaze which destroyed a hostel in the centre of the south-east Queensland city of Bundaberg is a stark reminder to strata comm...
New research has identified the top suburbs set to see an increase in leasing activity growth in Perth’s rental market. ...
Mortgage aggregator Finsure Group has finished the 2019-20 financial year in a strong position despite COVID-19 challenges by achieving reco...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
